2602 E CHARLESTON Avenue, Phoenix, AZ 85032, Phoenix, 85032 - 3 bed, 2 bath
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Phoenix, AZ 85032
This Value-Add Investor Special is listed at $339,900, representing a strategic renovation project in a high-demand Phoenix corridor. With a Condition Rating of 5, the property is currently positioned relative to a $274,781 Fair Market Value, reflecting its "as-is" state and the significant upside potential available through modernization. The asset features a Functional 3-Bedroom Layout, a Private Patio, and a substantial 8,517 SqFt Lot with No HOA Restrictions. This is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors looking to capitalize on strong area demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2602 E CHARLESTON Avenue Subject | $339,900* List Price | 3 | 2 | 1,426 | $193 | - |
A 2843 E VILLA THERESA Drive Sold | $300,000 List Price | 3 | 2 | 1,640 | 0.4 mi | |
B 2650 E HARTFORD Avenue Sold | $438,000 | 3 | 2 | 1,521 | $288 | 0.5 mi |
C 2501 E VILLA RITA Drive Active | $425,000 List Price | 3 | 2 | 1,416 | $300 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 and marketed as an 'investor special,' this property requires a full rehab. Images show a bathroom in significant disrepair with outdated fixtures and heavy grime, while the overall condition suggests neglect and the need for major system and cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8517, living area = 1426.
Marketed as an 'investor special' with solid bones and a functional layout, this property offers significant equity upside through a fix-and-flip or long-term rental strategy.
Situated in a desirable Phoenix area with immediate access to major freeways, shopping, and dining, ensuring strong future resale demand and tenant appeal.
The property is explicitly listed as a renovation project, requiring substantial upfront investment to address deferred maintenance and modernize the interior.
Built in 1981 and sold in 'as-is' condition, the home likely requires costly updates to major components such as the roof, HVAC, or plumbing to meet current standards.
Investor special in a highly desirable Phoenix location! This 3-bedroom, 2-bath property is a prime value-add opportunity ready for renovation. Ideal for fix-and-flip or long-term rental hold, with strong upside potential after rehab. Functional layout and solid bones provide the perfect canvas to create a high-demand rental or resale. Conveniently located near shopping, dining, and major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,426 | 1,707 | 26% |
| Lot Size | 8,517 | 7,732 | 64% |
| Price | $339.9K | $450.0K | 35% |
| Price per sq ft | $238 | $288 | 37% |
| Built year | 1981 | 1979 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 1450 | 0% |
Apr 22, 2026
$339,900
Initial Listing